7-Eleven in Provincetown finally sells

Thursday

PROVINCETOWN — After months of sitting empty, the former 7-Eleven at 137 Bradford St. has sold to a Massachusetts company, Ptown Main Realty LLC, for $1.03 million.

John Ciluzzi, president of Premier Commercial in Centerville, announced on Monday that the sale closed.

“All I can say is that the new owners won’t comment yet on their plans or use,” Ciluzzi said Tuesday morning. “They look forward to announcing their plans in the near future.”

The seller, 7-Eleven Corporation of Texas, had previously acquired all 183 New England Tedeschi convenience stores, including the Provincetown location, in 2016.

The 11,326-square-foot parcel with a 2,254-square-foot building is situated near the intersection of Bradford and Standish streets and is considered a prime location at the entrance to the downtown and waterfront areas of Provincetown.

“As far as I know, what we’ve been told is that they maintain convenience stores elsewhere on the Cape,” Assistant Town Manager David Gardner said on Tuesday. “We will know more once they come in and apply for licenses.”

The new property owners are expected to reveal the plans for the property in the fall; the plans will include removing the plastic barricades around the property, Gardner said.

“The plastic barricades are owned by 7- Eleven and were put there to control the flow of traffic at the intersection after they removed the canopy,” he said. “They will need to do their public improvements — both CVS [across the street] and the new owner of this property. I’m assuming everyone will wait until after the summer season.” —KW